Degeneration
In his book, Twilight of the Elites: America After Meritocracy, Chris Hayes has attributed what he calls the "Fail Decade"—which includes 9/11, the Enron scandal, the invasion of Iraq, Hurricane Katrina, the subprime crisis, and the Great Recession—to the deterioration of America's meritocratic system into one of plutocracy.
Read more about this topic: Meritocracy
Famous quotes containing the word degeneration:
“I think middle-age is the best time, if we can escape the fatty degeneration of the conscience which often sets in at about fifty.”
—W.R. (William Ralph)
“In marriage, a man becomes slack and selfish, and undergoes a fatty degeneration of his moral being.”
—Robert Louis Stevenson (1850–1894)
“Where does one not find that bland degeneration which beer produces in the spirit!”
—Friedrich Nietzsche (1844–1900)